Word: exchangee
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As temperatures dropped to record lows outside, freezing rail lines and bringing mass transport to a halt, Merkel has huddled with her political allies and opponents alike to hammer out a new approach. The shift comes after a raft of bad economic news, with the government now pressing ahead on...
After the incident, students were asked to choose one of the two actors - still posing as fellow participants - for the teamwork assignment. More than 80% of the students who watched a racist exchange on video said they would not work with the white student. Those who read about racist behavior...
Still, it's unclear whether intervention will be necessary. Some argue that the dollar-yen exchange rate is reaching a sustainable equilibrium and that the yen isn't as strong as it appears. "The yen's level until last year was abnormally weak," says Tohru Sasaki, chief currency strategist in...
Sasaki argues that, compared with a period in the mid-1990s when the yen hit a postwar peak against the dollar, today's negative impact on the Japanese economy is "not that large." That's because the U.S. over the past decade has seen higher inflation than Japan, where prices...
The first organized Palestinian uprising or "intifada" against Israeli rule came from a refugee camp in northern Gaza in 1987 and quickly spread across the region. During the revolt, which brought international attention to the Palestinian cause, the political party known as Hamas was created as a Palestinian extension of...